Question: &. Selected balance sheet and income statement information for a jewelry company for 2014 through 2016 follows: (Smillions) Net sales Interest expense Pretax income Net
&. Selected balance sheet and income statement information for a jewelry company for 2014 through 2016 follows: (Smillions) Net sales Interest expense Pretax income Net income Current assets Total assets 2016 2015 2014 $ 5,420 $5,698 $5,856 73 60 780 732 1,158 530 440646 4,892 4,098 3,844 138 6,976 6,204 6,002 Current liabilities 1 1,400 1,404 1,374 a. b. Compute the current ratio for each year and discuss any trends. Compute times interest earned for each year and discuss any trends
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